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Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Finance

06 December, 2024

Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Nagpur-based Berar Finance, which is backed by private equity firms such as Amicus Capital, managed a healthy growth in its profit for the ......

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FlexiLoans taps another investor after getting three new Series C backers

Finance

03 December, 2024

FlexiLoans taps another investor after getting three new Series C backers

Mumbai-based digital lender FlexiLoans is adding another investor to its cap table, less than three months after raising Series C ......

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Bottomline: Incofin-backed Save Group back in black in FY24, but profit still a third of FY21

Finance

27 September, 2024

Bottomline: Incofin-backed Save Group back in black in FY24, but profit still a third of FY21

Save Solutions Pvt. Ltd (Save Group), which offers credit in rural areas of India, returned to the black on a ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

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Tano, TR Capital-backed microlender mops up $11 mn in new funding

Finance

13 March, 2023

Tano, TR Capital-backed microlender mops up $11 mn in new funding

A Kolkata-based microfinance institution that counts private equity firm Tano Capital and secondaries specialist TR Capital among its investors has ......

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Aye Finance eyes turnaround

Finance

30 November, 2022

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......

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Denmark's Maj Invest bets on second business correspondent firm in India

Finance

27 July, 2020

Denmark's Maj Invest bets on second business correspondent firm in India

Danish asset manager Maj Invest has doubled down on the banking business correspondent space in India, a person in the ......